AGRONOR AS: årsregnskap 2003 vs 2002
Grew 10% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AGRONOR AS. Revenue 1.17m NOK → 1.29m NOK (+9.8%). Equity 430.9k NOK → 509.4k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRONOR AS.
At a glance
Scorecard
Revenue
1.17m NOK
1.29m NOK
+9.8%
Operating result
+9 423 NOK
+71.4k NOK
+657.4%
Net result
+29.8k NOK
n/m
—
Equity
430.9k NOK
509.4k NOK
+18.2%
Cash
644.8k NOK
n/m
—
Total assets
980.5k NOK
838.9k NOK
-14.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.17m NOK to 1.29m NOK (+9.8% YoY). Calculated
-
↑
Operating result improved
Operating result +9 423 NOK → +71.4k NOK (op. margin 0.8% → 5.5%). Calculated
-
↑
Equity strengthened
Book equity 430.9k NOK → 509.4k NOK (equity ratio 43.9% → 60.7%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 NOK → 73.5k NOK (0% → 6% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 487.2k NOK → 621.3k NOK (+27.5% YoY). Calculated